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How to check if you’re eligible for a third self-employment grant before it opens next week

November 07, 2020

SELF-EMPLOYED workers are now being offered a third round of financial support as part of the governments’ measures to help people during the coronavirus crisis. The self-employment income support scheme (SEISS) gives grants to help those who work for themselves if their income has been negatively impacted. SEISS has so far given out two rounds of grants to the self-employed since lockdown began. The third SEISS grant will open for applications next week on Monday, November 30, but for many it will be important to check if they are eligible for support. Applications for the first grant closed on July 13, 2020 and the second grant, worth up to £6,570, opened for applications on August 17 and closed on October 19, 2020. What other help is there for self-employed workers?THE government has also introduced the following measures to help self-employed workers and businesses during the coronavirus outbreak: Income-tax deferrals: Self-assessment income tax payments, that were due in July, can be deferred to the end of January next year. Rent support: Businesses who were struggling to pay their rents were protected from eviction until the end of June. Coronavirus business interruption loan scheme: SMEs can get loans and overdrafts of up to £5million for up to six years…

 

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